The Private Equity Confidence Game

<p>This week: The new book <a href="https://williamcohan.com/books/release/money-to-burn/" rel="noopener noreferrer" target="_blank"><em>Money to Burn</em></a> goes deep on private-equity behemoth Apollo Global Management and its billionaire cofounder and former CEO, Leon Black. <a href="https://bsky.app/profile/did:plc:zxqezqfhjwidbrsvk66ded57" rel="noopener noreferrer" target="_blank">Felix Salmon</a>, <a href="https://www.elizabethspiers.com/" rel="noopener noreferrer" target="_blank">Elizabeth Spiers</a>, and <a href="https://www.axios.com/authors/epeck" rel="noopener noreferrer" target="_blank">Emily Peck</a> are joined by author <a href="https://williamcohan.com/" rel="noopener noreferrer" target="_blank">William D. Cohan </a>to talk about his reporting on Black’s investment empire and what it means for Wall Street to be dominated by private equity. They also get into Black’s tragic origin story, messy personal scandals, and strange friendship with Jeffrey Epstein.</p><br><p>In the Slate Plus episode: Your $5K Check’s in the Mail</p><br><p>Want to hear that discussion and hear more Slate Money? Join Slate Plus to unlock weekly bonus episodes. Plus, you’ll access ad-free listening across all your favorite Slate podcasts. You can subscribe directly from the Slate Money show page on<a href="https://podcasts.apple.com/us/podcast/slate-money/id876523888" rel="noopener noreferrer" target="_blank"> Apple Podcasts</a> and<a href="https://open.spotify.com/show/2AgxNbNcUOckZSww9mk8mX" rel="noopener noreferrer" target="_blank"> Spotify</a>. Or, visit<a href="https://slate.com/podcast-plus?utm_medium=link&amp;utm_campaign=plus_pod&amp;utm_content=Money&amp;utm_source=episode_summary" rel="noopener noreferrer" target="_blank"> slate.com/moneyplus</a> to get access wherever you listen. </p><br><p>Podcast production by Jessamine Molli.</p><br><p><br></p><hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>